55 Boutport Street, Barnstaple, Devon EX31 1SH

Arranged over two floors (potentially three floors) and situated in one of Barnstaple’s most vibrant commercial thoroughfares, directly opposite the cinema, surrounded by a mix of national retailers, independent businesses, cafés and leisure uses.

The commercial unit has previously operated as a takeaway and also a hairdressers with the flat let separately. Anticipated rent for the commercial premises £15,000 per annum.
The flat was previously let at £750 per calendar month.

The power supply to the commercial unit and the residential flat has recently been separated onto individual meters. The ground-floor shop benefits from a newly installed three-phase electricity supply.

North Devon Council Planning Application Number 79705 approved: Conversion of loft to create additional living space and provision of dormer windows to the front and rear elevations, together with internal layout changes at first floor level & repair/upgrading works to front elevation.

Ground Floor
Commercial unit approx. 710 sq.ft.

First Floor
Flat approx. 743 sq. ft. comprising living room, kitchen, bedroom, shower room

Freehold

Vacant posession upon completion

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of £2,100 inc. VAT.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms. 

Note
Please be advised that whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.